Large Group Rate Review and Market Analysis

5 days ago


Hartford, Connecticut, United States CVS Health Full time

Overview of the Position

CVS Health is seeking an experienced Senior Actuary to serve as a leading member of the functional Middle Market Actuarial team in charge of Commercial Large Group Trend and the Commercial Large Group Rate Review. This role requires a strong understanding of complex actuarial functions and market-specific dynamics.

Key Responsibilities

  1. Develop and implement trend analytics to support market actuaries in assumption setting during the large group rate review, specific to fully insured.
  2. Collaborate with the Plan President, Sales, Finance, Underwriting, Network, Contracting, and Product to develop market-specific growth strategies.
  3. Provide actuarial findings to business partners and communicate effectively with stakeholders.

Requirements

  • Bachelor's degree along with 5+ years of actuarial experience.
  • ASA (Associate of the Society of Actuaries) or FSA (Fellow of the Society of Actuaries).
  • Strong technical, analytical, and financial skills.
  • Prior healthcare experience.

Salary and Benefits

The estimated annual salary for this role is $127,103.44, based on industry standards and local market conditions. CVS Health offers a comprehensive benefits package, including a 401(k) retirement savings plan, term life insurance, and well-being programs.

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